In Short : Austria has allocated €400 million to subsidize domestic green hydrogen projects, utilizing EU auctions-as-a-service. This initiative reflects the country’s commitment to fostering the development of green hydrogen as a clean energy solution and leveraging EU mechanisms to support such projects. In Detail : Central European nation is targeting 1GW of renewable H2 […]
Germany, Austria, Italy urge EU to back hydrogen projects – EQ Mag
BRUSSELS : Austria, Germany and Italy have pressed the European Union to support a cluster of infrastructure projects to transport green hydrogen imported from North Africa, as part of efforts to build a market in Europe for the low-carbon fuel. Europe is attempting to scale up its production and imports of renewable hydrogen – a […]
Austria awards EUR 323m for solar in 1st funding call for 2023 – EQ Mag
Austria is experiencing a surge in solar energy adoption as about 90,700 applications for solar installations of up to 20 kW have been approved in the first funding call for 2023. The Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology said last week it has given the green light to all funding applications […]
Austria wants to provide 700 MW of solar and 190 MW of wind – EQ Mag Pro
Austria will open a tender with a December 13 deadline seeking to allocate 700 MW of solar, 190 MW of wind and 7.5 MW of biomass capacity. The price of electricity from solar energy in this round is set at EUR 0.0933 (USD 0.092) per kWh, while wind farm projects cannot exceed EUR 0.0822 per […]
Austria: EIB and UniCredit Bank Austria enable companies to invest in renewable energy and energy efficiency – EQ Mag Pro
The EU bank is providing UniCredit Bank Austria with a framework loan of up to €92 million. The long-term loan supports Austria’s goal of generating 100% of electricity from renewables by 2030. The European Investment Bank (EIB) and UniCredit Bank Austria will support investments in small and medium-sized renewable energy and energy efficiency projects in […]
Austria Doubles Annual Installed PV Volume In 2021 Expanding Cumulative Installed Solar PV Capacity To Over 2.78 GW – EQ Mag Pro
PV Austria says the country installed its highest annual solar PV capacity in 2021 with 740 MW Maximum capacity was installed in Lower Austria with more than 195 MW, and over 177 MW in Upper Austria It recommends all states to invest in solar PV and for massive grid expansion to meet 100% renewable energy […]
Vietnam, Austria eye cooperation in renewable energy development – EQ Mag Pro
Vietnam wishes to promote cooperation with Austria in the field of energy, especially renewable energy and sustainable development, Minister of Industry and Trade Nguyen Hong Dien told State Secretary in the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology Magnus Brunner on September 7. Minister of Industry and Trade Nguyen Hong Dien […]
Austria-Based Compact Solar Hydrogen Plant, Also Used for Businesses, Commences Construction
The first customized solar hydrogen plant SolHub of Austria-based solar company Fronius has started construction. Producing 100kg of hydrogen each day, the plant can be used as a “gas station” for hydrogen fuel cell vehicles. It can refill roughly 16 units of vehicles each day, or allow one hydrogen truck to drive for 1,500km. The […]
Sony begins testing its electric vehicle on public roads in Austria
Vision-S, Sony’s electric vehicle was rolled on to public roads last year in Austria, the company announced. Sony’s electric vehicle Vision-S has been put on public roads for testing, the Japanese tech giant announced at an event. Sony said that testing for the prototype vehicle began last month in Austria, as the company now looks […]
Austria: EIB Group cooperates with Hypo Vorarlberg to support climate action investments
The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has provided a mezzanine guarantee on a €330 million portfolio of mainly Austrian loans to SMEs and mid-caps, originated by Hypo Vorarlberg Bank AG. With this financial support, Hypo Vorarlberg will expand its lending to households, SMEs and mid-cap […]
